Where You Live (& Are Born) Matters

Raj Chetty, a Harvard researcher, has done some pretty interesting work that shows that the zip code you are born into can have a huge impact on how much money you earn over the course of your life. Down to the neighborhood level, where you live, the people around you, and the connections you happen … Continue reading Where You Live (& Are Born) Matters

Five Factors To Consider Regarding Our Donation Behavior

In The Elephant in the Brain, Kevin simler and Robin Hanson ask just how much of our behavior is influenced by our self-interest. As an explanation for why we do what we do, simply saying that we did something because we gained some material good, gained more social status, or received some type of pleasurable … Continue reading Five Factors To Consider Regarding Our Donation Behavior

The Signaling Motives Behind Purchasing Decisions

Recently I have written about the way we use wealth and money to purchase things that signal something about us. The ideas for my posts have been from The Elephant in the Brain where Kevin Simler and Robin Hanson discuss ways in which we intentionally deceive ourselves and others in order to gain something, demonstrate … Continue reading The Signaling Motives Behind Purchasing Decisions

Conspicuous Consuption

Conspicuous consumption is probably one of the most damaging aspects of American society. It involves using our purchases to serve as a way to show off a particular aspect of who we are want to be. As Kevin Simler and Robin Hanson write in their book The Elephant in the Brain, "the idea that we … Continue reading Conspicuous Consuption

It Comes Down to Purpose

John Boyd was a brilliant military officer, strategist, and consultant who helped shape a generation of military leaders. Boyd is the focus of one chapter in Ryan Holiday's book, Ego is the Enemy, titled, "To Be or To Do?" Boyd, Holiday explains, was a terrific air force pilot and a very insightful and influential mind … Continue reading It Comes Down to Purpose